Sagar
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Insurance companies collect premiums, of which a significant portion goes into reserves to pay future claims. This reserve (the “float”) earns money for Berkshire, leveraging the company’s return on capital. If you can operate in a way
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“You could never convince a monkey to give you a banana by promising him limitless bananas after death in monkey heaven.”
― Sapiens: A Brief History of Humankind
― Sapiens: A Brief History of Humankind
Sagar’s 2025 Year in Books
Take a look at Sagar’s Year in Books, including some fun facts about their reading.
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